Kiarostami Foundation

Analysis

Kiarostami Foundation is a registered charity in United States, based in Kensington, CA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Kiarostami Foundation reported income of $55k and spending of $70k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $121k to $55k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kiarostami Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include Lewes Junction Railroad and Bridge Association Inc ($55k), Dance United ($55k) and Dodworth Saxhorn Band ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 7.2% of the total. At year end it held assets of $1 against liabilities of $14k, net assets of -$14k.